Pricing Actuarial Analyst: Data-Driven Insights & Growth

Santam Insurance; South Africa; On-site; ZAR 350,000 - 550,000; Full time

Job summary

Santam Insurance, South Africa's leading general insurer, seeks an Actuarial Analyst in Personal Lines Pricing to transform data into actionable insights. You will partner with product, underwriting and pricing teams to develop innovative pricing solutions and manage risk for sustainable growth.

Join a collaborative team that values learning and real-world impact, with offices in Bellville (Cape Town) or Sandton (Johannesburg).

Qualifications

• Bachelors or Honours in Actuarial Science or similar with progress toward actuarial qualification.
• 1–2 years in general insurance pricing is preferred.
• Strong skills in SAS, SQL, R, Python, Emblem or Radar for pricing models.
• Robust analytical and modelling capabilities with data-driven insights.

Responsibilities

• Develop and maintain actuarial pricing models and analyses.
• Design pricing and risk management strategies to drive growth.
• Monitor performance indicators and deliver actionable BI insights.
• Collaborate with product, underwriting, and claims teams on pricing strategy.
• Identify process improvements and support business transformation.

Skills

Analytical thinking

Problem solving

Communication

Education

Bachelors/Honours in Actuarial Science

Actuarial qualification in progress

Tools

SAS

SQL

R

Python

Emblem

Radar

Job description

Santam Insurance, South Africa's leading general insurer, seeks an Actuarial Analyst in Personal Lines Pricing to transform data into actionable insights. You will partner with product, underwriting and pricing teams to develop innovative pricing solutions and manage risk for sustainable growth.

Join a collaborative team that values learning and real-world impact, with offices in Bellville (Cape Town) or Sandton (Johannesburg).